Last 89.55 INR
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As of 7:06 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

neyveli lignite corporation (NLC) Snapshot

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05/26/14 - 109.90
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neyveli lignite corporation (NLC) Details

Neyveli Lignite Corporation Limited operates as a mining and power generation company in India. It is involved in the generation of power through its thermal power stations. As of March 31, 2014, the company had a total generation capacity of 2740 Mega Watt. It is also engaged in the mining of lignite. The company sells its lignite to small scale industries for use as fuel in their production activities. Neyveli Lignite Corporation Limited was founded in 1956 and is based in Neyveli, India.

16,849 Employees
Last Reported Date: 08/27/14
Founded in 1956

neyveli lignite corporation (NLC) Top Compensated Officers

Chairman, Managing Director, Chairman of Sub ...
Total Annual Compensation: 3.8M
Director of Power, Chief General Manager of M...
Total Annual Compensation: 2.1M
Director of Human Resource, Executive Directo...
Total Annual Compensation: 3.4M
Director of Finance, Executive Director, Memb...
Total Annual Compensation: 2.2M
Director of Mines, Executive Director, Member...
Total Annual Compensation: 2.1M
Compensation as of Fiscal Year 2014.

neyveli lignite corporation (NLC) Key Developments

Neyveli Lignite to Build 80 MW of Indian Solar and Wind Plants

Neyveli Lignite Corp. Ltd. will invest some INR 5 billion (USD 83 million/EUR 63 million) in 80 MW of solar and wind plants. The company's board of directors has given the green light to a 25-MW solar scheme in the Indian state of Tamil Nadu. Phase one of the project envisages a 10-MW plant. Bharat Heavy Electricals Ltd. or BHEL, will construct the it within nine months under a INR-746-million contract, which includes operation and maintenance for three years after the warranty period. The company also has obtained approval for a 51-MW wind farm in the village of Kazhuneerkulam in Tirunelveli district, worth some INR 3.5 billion. The company is also mulling a 10-MW solar project in Barsingsar, Rajasthan which will cost another INR 928 million.

Neyveli Lignite Corporation Ltd Announces Unaudited Earnings Results for the Quarter Ended June 30, 2014

Neyveli Lignite Corporation Ltd. announced unaudited earnings results for the quarter ended June 30, 2014. For the period, the company reported net profit of INR 3,340.50 million as compared to INR 2,784.30 million for the quarter ended June 30, 2013. Total Income has decreased from INR 16,692.20 million for the quarter ended June 30, 2013 to INR 16,429.90 million for the quarter ended June 30, 2014. Profit from operations before other income, finance cost and exceptional items was INR 3,994.8 million compared to INR 4,021.9 million for the same period a year ago. Profit from ordinary activities before tax was INR 4,855.5 million compared to INR 3,969.1 million for the same period a year ago. Basic and diluted share net profit per share was INR 1.99 compared to INR 1.66 for the same period a year ago.

Neyveli Lignite Corporation Limited to Report Q1, 2015 Results on Aug 07, 2014

Neyveli Lignite Corporation Limited announced that they will report Q1, 2015 results on Aug 07, 2014


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